May ISM Prices Paid eased to 82.1, missing forecasts, easing Fed hike odds, boosting equities, weakening dollar.
BoE’s Bailey cools rate-hike bets; oil drop helps. Sterling holds up, but stronger dollar caps GBP/USD.
US Manufacturing PMI hits 55.1 in May; expansion continues but miss cools momentum, easing Fed hike odds.
Gold lags commodities as oil and metals gain on supply risks; tight energy, high rates cap gold.
Canada’s manufacturing PMI dipped to 52.9, signaling slower growth, dovish BoC, weaker loonie, volatility trades.
USD/JPY stalls below 160 amid intervention risk; Hormuz reopening, BoJ hike prospects, Fed hold drive volatility.
Pan American Silver shows bullish Elliott Wave setup; silver breakout supports calls targeting $65–$70 and new highs.
Brent slips below 50-day average, tests $91/90 support; reclaiming $103 needed to reduce downside risks.
Eurozone May CPI may rise, but German cooling hints downside; ECB hike priced, limiting EUR/USD upside.
Brazil’s Manufacturing PMI slid to 49.1, signaling contraction, pressuring real and equities, boosting volatility.
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